Funding Souq is an alternative financing platform that connects established SMEs looking to borrow with retail and institutional debt investors worldwide.
Led by a powerful purpose to enable regional SMEs to grow and prosper, our goal is to become the #1 SME enabler in the region. Funding Souq was established in late 2020 and expanded to Saudi Arabia in 2021.
Our Mission & Vision
Mission
Our mission is to finance SMEs, create jobs, and drive the economy forward.
Vision
Our vision is to provide SMEs with reliable funding solutions by leveraging the power of technology and financial markets.
We intend to contribute towards the following pillars of Vision 2030
Increasing the SME contributions to 35%.
Lowering the rate of unemployment from 11.6% to 7%.
Increasing women's participation in the workforce from 22% to 30%.
Our Board & Advisors
Sheikh Abdullah Al Sulmi
Sheikh Abdullah is one of our shareholders and advisors. He is currently on the Shariah Board of Rajhi Bank and is also a professor at Imam Mohammed ibn Saud University from where he holds a a PhD in Comparative Fiqh.
Omar Rebhan
Omar is the chairman of our board. Currently, he's the CEO of Tasaru Holding which is part of Yazeed Alrajhi & Brothers. Prior to that, he was the MD of Carriage in KSA. Omar holds MEng in Mechanical Engineering from California State University.
Amal Dokhan
Amal is a Global Partner of 500 Global, one of the world's most prestigious start-up accelerators and VC funds. Previously she was the CEO of the Global Entrepreneurship Network in Saudi Arabia. Amal holds a master’s degree in Strategic Marketing from the University of Wollongong.
Mariam Abdulsalam
Mariam joined the Kuwait Central Bank in 2012 and is currently a Deputy Manager of the Financial Stability Office. She holds a MSc in Finance from London Business School.
Our Leaders
Martin Jaouni
Founder & CEO
Martin launched Funding Souq in 2020 after having spent some time in PwC as a Senior Associate on the Deals teams. Prior to that, he used to work in Real Estate Private Equity in London. Martin holds an MSc in Finance from CASS Business School in London.
Abdulaziz Alwasel
IT Manager
Abdulaziz worked on several projects at STC and worked for the company for more than 5 years. Among his experiences during his work at the company, he worked as a Technical Project Manager and an Information Technology Project Manager. Abdulaziz holds a Bachelor’s degree in Software Engineering at KSU and a Mini-MBA Certificate - Leaders of Excellence in Harvard Field.
Feras Alshammari
Compliance Manager
Feras has worked 6 years in the Al Rajhi Bank, he has more than two years of experience in the field of compliance in the bank, in addition, he has more than 3 years of experience in the field of Teller. He holds a Bachelor's of Information Technology (Security and Networks) at AOU with a Professional Certificate-Certified Compliance Officer.
Reham Hadidi
Credit Risk Manager
Reham joined us with over 12 years of experience in the Islamic banking sector. Her most recent position was as a Senior Credit Officer specializing in corporate clients at Arab Islamic International Bank in Jordan. Reham holds an MSc in Accounting from Jordan University.
Shariah Compliance
Funding Souq offers Shariah-compliant investment and financing solutions. We are dedicated to following Islamic principles and have a Sharia Supervisory Board ensuring compliance of each transaction.
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